Trump Orders To Pass MAGA Bill | Canadian PM Trudeau Likely To Resign | European Leaders Hit Back Elon Meddling

Market Update

• MicroStrategy buys 1,070 Bitcoins for $101 million.

• Bitcoin returns to $100,000 per coin, with Coinbase rising over 5% and MicroStrategy gaining over 4%.

• U.S. Steel, Nippon Steel sue government over blocking of deal.

Trump orders Congressional Republicans to pass the Mother of All MAGA Bills

President-elect Donald Trump has urged congressional Republicans to pass a single, comprehensive bill that includes his major policy priorities, such as tax cuts, border security, and increased domestic energy production.

Trump has promised to finance these plans through tariffs on imported goods, despite concerns that this could worsen inflation for American consumers.

House Leader Mike Johnson aims to pass the legislation in the House by early April and get it to Trump's desk by Memorial Day.

Some Republicans have expressed reservations about the one-bill approach, preferring separate bills for different issues. [Learn more]

Canadian PM Trudeau likely to resign this week: report

Canadian Prime Minister Justin Trudeau is expected to announce his resignation amid increasing pressure from his Liberal Party.

Trudeau's popularity has waned due to various crises, including the abrupt resignation of Deputy Prime Minister Chrystia Freeland.

Trudeau has faced mounting pressure from incoming U.S. President Donald Trump, who has threatened to impose tariffs on Canadian goods.

Trudeau's resignation is anticipated before an emergency meeting of Liberal legislators on Wednesday. [Learn more]

European leaders hit back in Elon Musk meddling row

European leaders, including UK Prime Minister Keir Starmer and French President Emmanuel Macron, have criticized Elon Musk for spreading misinformation and intervening in European politics.

Musk's comments have focused on historical sex offences in northern England, accusing Starmer of being complicit in the crimes.

German Chancellor Olaf Scholz condemned Musk for supporting an extreme-right party in Germany.

Norwegian Prime Minister Jonas Gahr Store expressed concern over Musk's influence in European politics. [Learn more]

Joke of the Day!

How did the barber win the race?

He knows a short-cut.